GNE vs. ^SP600
Compare and contrast key facts about Genie Energy Ltd. (GNE) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNE or ^SP600.
Correlation
The correlation between GNE and ^SP600 is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GNE vs. ^SP600 - Performance Comparison
Key characteristics
GNE:
-0.20
^SP600:
-0.23
GNE:
-0.07
^SP600:
-0.17
GNE:
0.99
^SP600:
0.98
GNE:
-0.11
^SP600:
-0.19
GNE:
-0.54
^SP600:
-0.60
GNE:
11.05%
^SP600:
9.00%
GNE:
30.13%
^SP600:
23.79%
GNE:
-75.12%
^SP600:
-59.17%
GNE:
-50.13%
^SP600:
-21.08%
Returns By Period
In the year-to-date period, GNE achieves a -3.85% return, which is significantly higher than ^SP600's -13.43% return. Over the past 10 years, GNE has underperformed ^SP600 with an annualized return of 3.80%, while ^SP600 has yielded a comparatively higher 5.47% annualized return.
GNE
-3.85%
-1.52%
-6.01%
-1.98%
15.95%
3.80%
^SP600
-13.43%
-6.20%
-12.34%
-5.06%
10.36%
5.47%
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Risk-Adjusted Performance
GNE vs. ^SP600 — Risk-Adjusted Performance Rank
GNE
^SP600
GNE vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GNE vs. ^SP600 - Volatility Comparison
The current volatility for Genie Energy Ltd. (GNE) is 9.25%, while S&P 600 (^SP600) has a volatility of 14.63%. This indicates that GNE experiences smaller price fluctuations and is considered to be less risky than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.